Subject: Modern Family 22-Dec-23
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
As of (LastD) 22-Dec-23 22-Dec-23 22-Dec-23 22-Dec-23 22-Dec-23 22-Dec-23 22-Dec-23 22-Dec-23
Signal_Status* Bullish Bullish Bullish Bullish Bullish Bullish Caution Bullish
LastD_Change 09-Nov-23 05-Dec-23 07-Dec-23 20-Nov-23 20-Dec-23 20-Dec-23 18-Dec-23 09-Nov-23
SinceD_Change 43 17 15 32 2 2 4 43
Confirmed Yes No No No Yes Yes na Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Support Support Support Support Support Support Support Support
Slope(50-DMA) 1.2% -2.2% -3.3% -2.0% 1.6% 2.4% -5.2% 5.1%
Status_MAC(200) Support Support Support Support Support Support Support Support
Slope(200-DMA) 10.7% 0.2% 0.6% 7.8% -1.4% -36.5% -0.6% 32.2%
DMAC(50,200) 3.1% -0.9% -1.3% 0.6% 1.5% 3.2% -4.1% 7.7%
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Last_Price 4754.63 43.96 201.48 264.20 72.04 52.41 133.77 173.28
50-DMA 4468.22 40.48 178.30 239.05 63.61 44.73 120.95 156.59
200-DMA 4335.87 40.84 180.70 237.73 62.69 43.36 126.10 145.44
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# Signals /Yr 5 6 8 9 7 4 8 5
# BuyD /Yr 195 79 83 123 62 3 76 197
# NeutralD /Yr 0 20 22 30 31 29 23 0
# SellD /Yr 57 153 147 99 159 220 153 55
% BuyD /Yr 77% 31% 33% 49% 25% 1% 30% 78%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3783.22 37.43 162.21 211.21 56.84 36.08 112.41 98.65
52wH(Daily) 4768.37 44.80 201.48 267.12 74.47 64.79 137.23 174.08
% Off_52wH NH -2% NH -1% -3% -19% -3% 0%
LastD_52wH 19-Dec-23 02-Feb-23 22-Dec-23 31-Jul-23 02-Feb-23 07-Feb-23 27-Jan-23 15-Dec-23
SinceD_52wH 3 323 0 144 323 318 329 7
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Modern Family: Symbol: Status:* Confirmed: Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index .SPX Bullish Yes - major U.S. market index
Russell 1000EW EQAL Bullish No - gauge the health of many Large-Mid companies within the U.S.
Russell 2000 IWM Bullish No - gauge the health of many Small-Micro companies within the U.S.
Transportation IYT Bullish No - measure Industry & Manufacture strength - supply and demand
Retail XRT Bullish Yes - measure strength economy and consumer confidence
Regional Banks KRE Bullish Yes - measure the health of financial system in the U.S.
BioTech IBB Caution na - highly speculated: assesses where money is flowing
SemiConductor SMH Bullish Yes - innovation: a major player technology trends
As of (LastD) --- 22-Dec-23 22-Dec-23 ---
The "Economic Modern Family" (@MarketGauge.com) is a combination of one market index and 5 varying sectors & groups for "Market Analysis".
Trend indicators that give you an overall weekly gauge of how aggressive or not to be on the long or short side.
*My "Modern Family" signals(3) are not strictly identical to the (@MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 15-Dec-2023
- "BEARish" phase when the closing price is below the 50-Day OR 200-Day moving averages for at least 5 days, while either slope(MA) is Negative.(2o4)
- "Bullish" phase when the closing price is above the 50-Day OR 200-Day moving averages for at least 5 days, while either slope(MA) is Positive.(2o4)
- "Cautionary Warning" phase when the phases are NOT "BEARish" OR "Bullish".
- "Support" is the level(floor) at which demand is strong enough to stop the stock from falling any further. (MAC positive 5d)
- "Resistance" is the level(ceiling) at which supply is strong enough to stop the stock from moving higher. (MAC negative 5d)
- "Confirmed" is when MAC(50) AND Slope(50-DMA) AND "Signal Status" phase agree.
GD_